Can A Pharmacist Afford Rent in Coral Gables, FL?
Stretched but workable — rent takes 32.5% of gross income.
Coral Gables rent: September 2026. Salary: BLS OEWS May 2024 (Florida state estimate).
About rent and a pharmacist salary
Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.
Cheaper rent nearby
These Florida cities have lower median rent than Coral Gables, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Coral Gables
View full rent data for Coral Gables, FL →Frequently asked questions
Can a pharmacist afford rent in Coral Gables, FL?
Median rent in Coral Gables is $3,345 a month. A typical pharmacist in Florida earns about $123,458 a year, which makes that rent 32.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a pharmacist afford in Coral Gables?
Using the 30% rule, a pharmacist salary in Florida (~$123,458/yr) supports up to $3,086 a month in rent. Coral Gables's current median rent is $3,345/mo, which is $259/mo over the affordability threshold.
How many hours does a pharmacist work to cover rent in Coral Gables?
At an hourly equivalent of about $59 an hour, a pharmacist in Florida works roughly 56.4 hours a month to cover Coral Gables's median rent of $3,345.
Where is rent cheaper than Coral Gables for a pharmacist?
Nearby Florida cities with lower median rent include Miami Shores ($3,343/mo), Marco Island ($3,339/mo), Cooper City ($3,335/mo). Each shifts the affordability math materially on a pharmacist salary.